SevOne racks up $50 mln Series C

By Iris Dorbian — 2 months ago

SevOne, a provider of digital infrastructure management solutions, has raised $50 million in Series C funding. Westfield Capital Management and Bain Capital Ventures led the round with participation from Brookside Capital, HarbourVest, VT Technology Ventures and Osage Venture Partners.


PE-backed SevOne buys RapidEngines

By Iris Dorbian — 2 years ago

SevOne, which is backed by Bain Capital, has acquired RapidEngines. No financial terms were disclosed for the transaction, which was completed on March 27, 2014. Based in Minneapolis, RapidEngines is a provider of log analytics solutions for IT enterprises, service providers and application developers.